Feb 1, 2013 1:00pm PST
the rights in the eu for compensation. so if you can't fly through a volcanic ash situation, they have to delay, you're going to have to pay somebody. those kind of rules are frankly stupid, and airlines are just going to have to raise their fares to cover the. >> jenna: the europe courts think this is a fair way to go. do you think it will come to the u.s. courts and carriers as well? >> reporter: oh, there are consumer twits out there all over the place that would love to see this happen. the fact of the matter is the unintended consequence of this would be outrageous. the three hour tarmac rule we have today, there weren't a lot of those, but it has increase airlines canceling flights when they think they might not get people off an airplane. if you really want more expensive tickets and want to have less air service, this is a great way to go. >> jenna: i might be a little bit, don't tell anybody, of a consumer twit when it comes to this because i do want some accountability when we fly. when you walk up to the desk and they say there's a delay, and you have no other options, you f
Feb 19, 2013 9:00am EST
by regulation under the legislation, and then we have e.u. sanctions. >> right. >> and, indeed, sanctions that other people follow that are mandated by the security council. the e.u. seems to be, on this issue, potentially more flexible than we are. and so there is operating room there. there is operating room in not putting more sanctions on that could be helpful as an initial step. and, obviously, that would be important. each one of these the president would have to explain that he's getting value. that the europeans could take sanctions off central banks and petroleum, for example. that we could do things that i think are absolutely necessary. we have had a longstanding policy of not sanctioning food and medicine for good reasons. and when i was in the security council, the first sanctions on iraq after their invasion of kuwait we made it scrupulously careful. that got all screwed up in oil for food. and i don't want to spend time here talking about that, but -- >> many. [inaudible] >> that was a perfect example of how things could go wrong. but the fundamental basis was the right bas
Feb 22, 2013 8:00pm EST
negotiations with europe on a u.s.-eu trade ownership. we could not agree more. let's hurry up and put american business to work. let's get these deals done. by the way, it is not just about asia. it includes all the coasts of the united states and canada and america. it is fascinating. we need to get this going and move that european deal. the working group is about to put out a report. i think it will probably sustain the best teams we can think about. let me give you this in a minute. europe is in a slow economy. europe is our largest export partner. europe is china's largest export your. china is our fastest growing export partner. if europe goes into the can, the whole triangle goes in the can. that is a bad idea. this would be huge on both sides of the pond. there are a lot of big trade agreements that have been talked about or a long time. these would put cash on the table right now. it is important that we welcome global investment. we want people to bring their cash here. come here and invest or come here and visit. the terrorism is a great way -- tourism is a great way. we like that.